Business 17 April 2019

Gerald Fenech

Crypto market daily report – April 17, 2019

The cryptocurrency markets remained at a relatively stable level on Wednesday morning at press time although there were some exceptions with Bitcoin Core (BTC) climbing considerably and settling at around $5,180 at press time. Ethereum (ETH) was also up by a relatively more conservative 2% to the $165 level, whilst Ripple (XRP) continued its rather staid march settling at just over the $0.32 mark—a level that it has been playing around with over the past few weeks.

Other coins with large market caps had somewhat mixed fortunes but the majority showed slight increases. After climbing to a peak of around $312, BCHABC settled at the $310 level although further selling pressure could see it lose slightly in the stakes. Litecoin (LTC) was ahead on Tuesday where it climbed to the $82 level but eventually fell back below the $80 mark at press time on Wednesday. Cardano (ADA) remained relatively stable at the $0.082 level or a 1% increase, whilst EOS climbed above the $5.60 level on the back of a 1.5% increase. NEO was up by a similar 1% to the $10.80 level, whilst Bitcoin SV (BSV) somewhat stemmed its steep losses of the past days to settle at the $55 mark.

Other coins such as Stellar Lumens (XLM) showed a similar slight increase where it was up by around 2% to the $0.1145 mark. Conversely, IOTA was down by the same 2% to just above the $0.30 level. Smaller market cap coins also had mixed fortunes with NANO and HOT showing relatively strong increases of 5% and 6% respectively. ETC and DASH remained stable at the $6.20 and $118 level respectively, whilst CELR, THETA and ONG showed considerable increases with the latter rising by no less than 12% and probably the best performing currency of the past 24 hours. ZIL, XMR and WAVES were also up from between 1% and 5% respectively.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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